Fareed most recently served as Principal Product Architect at Amazon India, where he was responsible for building the core payment processing infrastructure for the organization.Neha Tyagi | ET Bureau | April 27, 2016, 13:43 IST

MUMBAI: Freecharge, India’s leading digital payments platform has appointed Fareed Jawad as the Principal Product Architect and Vice President (VP) payments. In his new role, Fareed’s mandate will be to build payments technologies at Freecharge. Additionally, he will lead the efforts on building technologies for solving the unique payments problems in India.

Prior to his appointment at Freecharge, Fareed most recently served as Principal Product Architect at Amazon India, where he was responsible for building the core payment processing infrastructure for the organization. Before joining Amazon, Fareed was with Flipkart as Director – Product Management and was part of the core team that launched PayZippy.

“Fareed’s appointment reaffirms Freecharge’s commitment to hiring the industry’s best talent. We are on a cusp of a revolution to accelerate the FinTech capabilities in India. We look forward to Fareed’s contribution in strengthening our technical expertise and payments capabilities with his in-depth understanding of payments sector. Fareed will be responsible for developing products for customers and merchants both online and offline, in line with our vision to be the digital OS for the payments business in India.” said Govind Rajan, COO, Freecharge.

Fareed has been in the payments industry right from the earliest payment gateways with VeriFone in the US. He has also been part of large payment processors like Moneris Solutions in Canada and eFunds/FIS where he helped enhance the acceptance and issuance platforms for Chip Card processing.

Freecharge allows its customers to make prepaid, post-paid, DTH and Electricity bill payments for numerous utility service providers in addition to leading online and offline merchants. FreeCharge has over 30 million registered users and is PCI DSS compliant for information security.